Nigeria is on its way to ending petroleum imports, but deliberate government action is crucial, says Muda Yusuf.

Ogun State has assumed regulatory control over electricity within its jurisdiction as NERC decentralises power sector operations nationwide.

The reopening of the Warri refinery signals NNPC’s commitment to ending import reliance and bolstering domestic petroleum refining.

Analysts have predicted a boost in credit and economic activities in 2025 due to banking sector recapitalisation successes.

Nigeria has secured $2.2 billion currency swap with China, marking a significant milestone in economic development under Tinubu’s leadership.

Edun has highlighted job creation, investment inflows, and foreign exchange gains as outcomes of Nigeria’s economic diplomacy in Saudi Arabia.

The NNPC has insisted appointments and promotions are merit-based, refuting claims of ethnic bias in leadership decisions.

The total investors’ subscription to Nigerian Treasury Bills increased to N38.08 trillion in 2024 from N23.51trillion recorded in 2023

Experts have emphasised reducing inflation, stabilising the naira, and fostering sustainable economic growth and employment as Nigeria’s priorities in 2025.

World Bank has removed fees on IBRD loans, increasing lending capacity by $150bn to support vulnerable nations.

With N600bn in share capital, Access Bank has surpassed CBN’s requirements by N100bn, the first in Nigeria to do so.

Apple nears $4 trillion valuation as AI integration and iPhone supercycle excitement drive shares up $500 billion since November.

NCAA has sanctioned five airlines for refund delays, flight disruptions, luggage issues, and regulatory breaches.

Tinubu’s economic reforms improve Nigeria’s credit profile, supported by successful $2.2 billion Eurobond issuance, Fitch ratings have disclosed.

Niger Delta stakeholders demand reversal of 2024 oil bloc licencing, citing alleged violations of the Petroleum Industry Act and discrimination.

President Tinubu has highlighted Nigeria’s lithium reserves and CNG potential to attract automobile assembly and create jobs.

Tinubu has defended borrowing, calling it essential to correct economic mismatches and invest in long-term projects for national prosperity.

Honda and Nissan plan a merger to create the world’s third-largest automaker, aiming to finalise the deal by 2025.

NADDC has announced plans for new auto industrial park to support local manufacturers and reduce production costs

NACCIMA has partnered with the Federal Ministry of commerce to enhance business competitiveness and economic growth in Nigeria.